11. LeCompte Corp. has S330,900 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $610,000, and its net income after taxes was $23,000. Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 22%. What profit margin would LeCompte need in order to achieve the 22% ROE, holding everything else constant? (3 points) a. b. c. d. 13.665% 12.115% 11.934% 10.775%